Richard L. Dunbar will retire as president and CEO of Wintrust Equipment Finance today after a 42-year career in the banking and equipment finance industry. Jeff Wolinski, the current president of Wintrust Capital, will succeed Dunbar.

Wolinski has been with the Wintrust organization since 2014 and has been president of Wintrust Capital since 2016. Wolinski was with Comdisco and an owner of an independent leasing company prior to joining Wintrust. He will continue in his current role at Wintrust Capital along with his new role as president and CEO of Wintrust Equipment Finance.

In addition to Wolinski’s appointment, Tim Biggam will be joining Wintrust Equipment Finance as senior vice president and director of debt discounting to help oversee the debt discounting group that Dunbar previously led. With a public accounting background, Biggam, who will report to Wolinski, has more than 20 years of banking experience, with the last seven focused on the formation and growth of Wintrust Asset Finance.

“It has been a privilege to have represented the Wintrust organization for the past 12 years, and particularly to be a part of the tremendous growth and success of Wintrust Asset Finance. No doubt I have had a chance to work with some of the best professionals in the industry over that time,” Dunbar said.

“I consider Dick Dunbar to be a legend in the equipment finance industry. He started the equipment finance business at Wintrust 12 years ago and has been instrumental in our continued growth and success. I wish Dick all the best in his well-deserved retirement,” Mike Knowles, president and CEO of Wintrust Asset Finance, said.

Dunbar will continue to serve on Wintrust Asset Finance’s board of directors after his retirement.